Gradually, Taiwan’s domestic capital market has opened and has become further integrated, notwithstanding, there is still a high deficiency of senior financial professionals in current markets. Experts have indicated that students with financial expertise and rigorous mathematical training will be highly sought after in financial industries. Therefore, they may expect to set foot on not merely the financial district of Taipei but Wall Street.

Over the past decade, Wall Street has craved for people with mathematical expertise. Currently, more than two-thirds of the staff in the R&D departments of prominent investment banks have graduated from mathematics-related majors. Increasingly, failed cases in markets are due to mispriced derivatives and mathematical inaccuracies. There’s no doubt that math expertise bears its significance in modern financial industries.

Top financial management specialties not only requires a good training in economics and finance, including derivatives (e.g., futures, warrants) pricing, big-data analytics, risk valuation, financial instrument innovation and financial technology, but requires a good grasp of knowledge in mathematics and statistics. Prestigious universities such as Massachusetts Institute of Technology, the University of Chicago and the University of Pennsylvania, Wharton School have offered integrated curriculum combining economics, finance, and statistics to cultivate business elites with solid quantitative and analytical background, which has become an unmistakable trend among institutions.

Under the trend, our department started to enroll students from the science group in Joint University Programs Admissions System (JUPAS) in 1997, with the intention of attracting students with a high interest in mathematics. We continue to place our commitment to cultivating more innovative talents and strive to serve as the drive of Taiwan towards becoming Asia's Top Financial Hub.